$BTC Academician of Coin Circle: 6.30 Bitcoin (BTC) Trend Structure Already Set the Direction? Latest Market Analysis

　　
　　Bitcoin current price 60500. The recent market is typical weak oscillatory grinding. Don't be fooled by a few small bullish candles. Moving averages are aligned southward, MACD rebound is weak. Before the trend reverses, all rebounds are opportunities to go south. Going north only allows ultra-short-term quick in and out. Short positions also need to control position size and set stop loss. The market will not rise just because you want it to. Following the trend is the key to survival.
　　
　　The daily K-line is weakly oscillating above the previous low of 58030. EMA15 and EMA30 moving averages have turned downward, the price is constantly suppressed by the moving averages. This is a typical continuation of the southward trend. The MACD indicator has severely insufficient northward momentum. The Bollinger Bands opening continues downward, the price is running near the lower band, indicating that short-term southward power still dominates. Only if it breaks through the EMA15 moving average near 62600 with volume can there be a chance to reverse the weak pattern; otherwise, it is highly likely to continue testing support downwards.
　　
　　The 4-hour K-line is also suppressed by all moving averages such as EMA15, EMA30, EMA60, forming a standard southward arrangement. Every time it rebounds to near EMA30, it encounters resistance and falls back, indicating very heavy selling pressure above. Although the MACD indicator shows weak red bars, but DIF is still below DEA, and overall below the zero line. This is a weak rebound signal, no signs of reversal. The Bollinger Bands are in a narrowing state, the price is running below the middle band of the Bollinger Bands, the short-term oscillation range is narrowing. The key range for the north-south battle is between 60000 and 61000. Once it breaks below 60000, it is highly likely to test the support level of 58030 again.
　　
　　Short-term reference:
　　
　　Below 58500 to 58000, if not broken, go north. Stop loss 57500, target 60000 to 61000.
　　
　　Above 61000 to 61500, if not broken, go south. Stop loss 62000, target 60000 to 59000.
　　
　　Specific operations should be based on real-time market data. For more details, you can consult the author. The article is published with a delay. Suggestions are for reference only, and risks are borne by yourself. ‌#预测世界杯巴西vs日本